Traders and analysts were taken aback by some of the key numbers in the crop production report from Statistics Canada released on Thursday morning. While the market was expecting a higher canola production estimate, it was not anticipating the major increase from the StatsCan estimate of 14.1 million metric tonnes in October to 15.6 million in… Read More

There’s less canola and wheat left from last year’s bumper crop than traders and analysts thought, according to the Statistics Canada stocks report released on Friday morning. Wheat stocks as of July 31st were pegged at 9.8 million metric tonnes, up 94 percent from the same time last year, but generally below expectations. Canola supplies… Read More

Statistics Canada published its 2014 March Farm Survey findings, which summarized seeding intentions outlined by roughly 11, 500 farmers in Canada. The survey was conducted from March 24-31, 2014. According to national estimates: Wheat area could decrease by 4.8% Soybean acres are expected to increase by 16.5% Canola acreage may see a 0.7%drop Grain corn could decrease by… Read More

Statistics Canada released its estimates for 2012 year-end crop stocks today. As of December 31, total stocks of most principal field crops were down compared with the same date in 2011. Corn is the big exception — record yields in 2012 have boosted on-farm stocks. Canola stocks are estimated at 7.4 million tonnes, a 23.6% drop from December 31, 2011. It… Read More

The market seemed surprised by the Statistics Canada report released this morning. Farmers did not.  StatsCan slashed a million tonnes from its earlier estimate and has pegged production at 13.2 million tonnes. Initial reaction from farmers was, Yes, we could’ve have told you that, but some market analysts are concerned the number is perhaps a… Read More